The global patient support equipment market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by factors such as increasing geriatric population, rising incidence of chronic diseases, and increasing demand for home care services. Critical care segment accounted for the largest share in the global patient support equipment market in 2018 and is expected to continue its dominance throughout the forecast period. This segment includes devices such as ventilators, suction machines, and other respiratory devices that are used in intensive care units (ICUs). The critical care segment accounted for over 50% share in 2018 due to high prevalence of chronic diseases among elderly people which leads to increased need for ICU services. The bariatric care segment accounted for over 10% share in 2018 due to rising obesity rates globally which leads to increased need for bariatric equipment such as beds with weight capacity up to 600 kgs or more than 150 kgs per bed section and wheelchairs with weight capacity up to 600 kgs or more than 150 kgs per wheelchair section.
Some Of The Growth Factors Of This Market:
- The aging population is increasing the demand for patient support equipment.
- The increase in chronic diseases is driving the need for patient support equipment.
- The rise in obesity rates is leading to an increased need for patient support equipment, as obese patients are more likely to suffer from chronic diseases and require more medical care than non-obese patients.
- Advances in technology have led to new types of patient support equipment that are more effective and less expensive than previous models, which has led to an increase in demand for these products among hospitals and other healthcare providers who want to provide their patients with the best possible care while keeping costs down at the same time.
- As a result of advances in technology, many types of patient support equipment can now be used at home instead of only being available on hospital premises, which has led to a decrease in hospital stays and an increase in outpatient visits by patients who use this type of equipment at home instead of going into a hospital or clinic setting where they would have had no access to this type of product before it became available outside those settings as well as inside them too.
Industry Growth Insights published a new data on “Patient Support Equipment Market”. The research report is titled “Patient Support Equipment Market research by Types (Critical Care, Bariatric Care, Fall Prevention, Wound Care, Other Patient Handling Equipment), By Applications (Hospitals, Home Care Settings, Elderly Care Facilities, Others), By Players/Companies Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd., Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patient Support Equipment Market Research Report
By Type
Critical Care, Bariatric Care, Fall Prevention, Wound Care, Other Patient Handling Equipment
By Application
Hospitals, Home Care Settings, Elderly Care Facilities, Others
By Companies
Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd., Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Patient Support Equipment Market Report Segments:
The global Patient Support Equipment market is segmented on the basis of:
Types
Critical Care, Bariatric Care, Fall Prevention, Wound Care, Other Patient Handling Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Home Care Settings, Elderly Care Facilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Invacare Corporation
- Prism Medical Ltd.
- Getinge Group
- Guldmann Inc.
- Linet Spol. S.R.O.
- Stiegelmeyer & Co. GmbH
- Handicare
- Joerns Healthcare
Highlights of The Patient Support Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Critical Care
- Bariatric Care
- Fall Prevention
- Wound Care
- Other Patient Handling Equipment
- By Application:
- Hospitals
- Home Care Settings
- Elderly Care Facilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Patient Support Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Patient support equipment is any piece of medical equipment or supplies that are used to help patients with disabilities live more independently. This can include things like wheelchairs, walkers, and scooters.
Some of the major companies in the patient support equipment market are Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd., Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare.
The patient support equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Patient Support Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Patient Support Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Patient Support Equipment Market - Supply Chain
4.5. Global Patient Support Equipment Market Forecast
4.5.1. Patient Support Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Patient Support Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Patient Support Equipment Market Absolute $ Opportunity
5. Global Patient Support Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Patient Support Equipment Market Size and Volume Forecast by Type
5.3.1. Critical Care
5.3.2. Bariatric Care
5.3.3. Fall Prevention
5.3.4. Wound Care
5.3.5. Other Patient Handling Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Patient Support Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Patient Support Equipment Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Home Care Settings
6.3.3. Elderly Care Facilities
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Patient Support Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Patient Support Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Patient Support Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Patient Support Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Patient Support Equipment Demand Share Forecast, 2019-2026
9. North America Patient Support Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Patient Support Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Patient Support Equipment Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Home Care Settings
9.4.3. Elderly Care Facilities
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Patient Support Equipment Market Size and Volume Forecast by Type
9.7.1. Critical Care
9.7.2. Bariatric Care
9.7.3. Fall Prevention
9.7.4. Wound Care
9.7.5. Other Patient Handling Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Patient Support Equipment Demand Share Forecast, 2019-2026
10. Latin America Patient Support Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Patient Support Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Patient Support Equipment Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Home Care Settings
10.4.3. Elderly Care Facilities
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Patient Support Equipment Market Size and Volume Forecast by Type
10.7.1. Critical Care
10.7.2. Bariatric Care
10.7.3. Fall Prevention
10.7.4. Wound Care
10.7.5. Other Patient Handling Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Patient Support Equipment Demand Share Forecast, 2019-2026
11. Europe Patient Support Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Patient Support Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Patient Support Equipment Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Home Care Settings
11.4.3. Elderly Care Facilities
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Patient Support Equipment Market Size and Volume Forecast by Type
11.7.1. Critical Care
11.7.2. Bariatric Care
11.7.3. Fall Prevention
11.7.4. Wound Care
11.7.5. Other Patient Handling Equipment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Patient Support Equipment Demand Share, 2019-2026
12. Asia Pacific Patient Support Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Patient Support Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Patient Support Equipment Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Home Care Settings
12.4.3. Elderly Care Facilities
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Patient Support Equipment Market Size and Volume Forecast by Type
12.7.1. Critical Care
12.7.2. Bariatric Care
12.7.3. Fall Prevention
12.7.4. Wound Care
12.7.5. Other Patient Handling Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Patient Support Equipment Demand Share, 2019-2026
13. Middle East & Africa Patient Support Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Patient Support Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Patient Support Equipment Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Home Care Settings
13.4.3. Elderly Care Facilities
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Patient Support Equipment Market Size and Volume Forecast by Type
13.7.1. Critical Care
13.7.2. Bariatric Care
13.7.3. Fall Prevention
13.7.4. Wound Care
13.7.5. Other Patient Handling Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Patient Support Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Patient Support Equipment Market: Market Share Analysis
14.2. Patient Support Equipment Distributors and Customers
14.3. Patient Support Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stryker Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hill-Rom Holdings, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Invacare Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Prism Medical Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Getinge Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guldmann Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Linet Spol. S.R.O.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stiegelmeyer & Co. GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Handicare
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Joerns Healthcare
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook